London Stock Exchange. Credit: Douglas Freer/Adobe Stock Will Upcoming Reforms Finally Unshackle UK Capital Markets? Partners Weigh In
Partners ranging from Latham's Mark Austin and Weil's Murray Cox are upbeat on expected changes that could break open London's faltering stock market—but do the reforms go far enough?
January 17, 2024 at 07:23 AM
10 minute read
2023 was very much the London stock exchange's 'annus horribilus'. There were only 23 IPO listings throughout the entire year. Perhaps even more forebodingly, the final quarter, usually a time when companies might make a final dash for a year-end float, saw no IPO activity whatsoever. Comparing these figures to prior years paints an even more dire picture. From 2022, the market experienced a 49% drop in IPO activity, a percentage which only worsens if compared to 2021, with an 80% decrease.
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